The Pelosi Advantage

By

Stephen Moore

Nov. 20, 2012 11:47 a.m. ET

House Republicans and conservative leaders are cheering last week's decision by the Democratic caucus to make Rep. Nancy Pelosi of California minority leader for two more years. She not only retains her top post but is once again in line to become speaker should Democrats take back the House in 2014.

So why do Republican House members believe Ms. Pelosi is an asset to the GOP? Because next to Barack Obama, she is the most polarizing...